April 11, 2024
MYGA vs. Fixed Annuity
Welcome back. I'm Stan The Annuity Man. Today we're going to talk about Multi-Year Guarantee Annuities versus Fixed Annuities. What you're really going to find out today is what a Multi-Year Guarantee Annuity is as opposed to just a Fixed Annuity, or are they the same thing?
September 1, 2022
MYGA Rates: Navigating Garbage Sales Pitches
So what is a MYGA? It's a Multi-Year Guarantee Annuity, M-Y-G-A. It's the annuity industry's version of a CD. So how do CDs work? You lock in the money for a specific duration, and during that duration, on an annual basis, you get a specific percentage. The same thing applies to MYGAs.
August 15, 2022
Retirement Withdrawal Strategies: MYGA
You know me, you trust me, and you know I'm going to tell you the truth. Today's topic is Retirement Withdrawal Strategies. We're talking about MYGAs, Multi-Year Guarantee Annuities. So, we’ll go through how you can use MYGAs for your retirement withdrawal strategies.
June 1, 2022
Don't Buy Annuity Stories: Shootin' It Straight with Stan
Today's topic is, "Don't buy annuity stories." That's a big one to unpack, but let's start unpacking it. In the world of sales, everybody that ever talked to me like a manager or salesperson, they're like, "Stories sell. You need to tell stories to the people because they can relate to it.
March 14, 2022
MYGA Death Benefits Explained
he focus today is Multi-Year Guaranteed Annuities and explaining the death benefits. Yes, we do have to explain it because when you're looking at the CD type products, you have to understand how they work and understand when we quote all carriers, why some carriers finish at the top, and how to make a decision that's informed and based on your timeframe.
November 25, 2021
How to Adjust for Inflation With a MYGA
I'm amped, I'm ready to go. I feel good because we have a good topic today about multi-year guarantee annuities and how they solve for inflation, how they can solve for inflation, and at least address it in a pragmatic and contractual way. All righty then. We're going to talk about multi-year guarantee annuities.
September 23, 2021
How to Find the Highest MYGA Rates
So you're shopping for the highest MYGA rates? Let's talk about how to find the best and highest MYGA rates because that's how you need to look at them. You need to find the best rates available for your specific situation. For the record, Multi-year guarantee annuities are also known as MYGAs.
September 13, 2021
MYGA Secrets – What You Need to Know
So if you're not familiar with MYGAs, let me go through it quickly. Multi-year guarantee annuity, that's what MYGA stands for. It's the annuity industry's version of a CD. It's very simple; there are no moving parts, there are no market attachments, and you're going to get a guaranteed interest rate for a specific period that you choose.
September 6, 2021
How Annuity Companies Make Money
So, annuity companies, how do they make money? There's a reason that annuity companies have significant buildings and that they do very, very well. Why? It's because they know when we're going to die. Property and casualty companies, however, don't know when the hurricane's going to hit. They don't know when the tornado's going to hit.